US$20 million invested in aviation components factory in Da Nang
VOV.VN - The Management Board of Da Nang Hi-Tech Park and Industrial Parks has just granted an Investment Registration Certificate to investor KP AERO INDUSTRIES CO., LTD, which will see US$20 million injected into the KP VINA Aviation Components Factory project.
The project aims to produce, process, and assemble aircraft parts, including auxiliary engine door (APU Door), MIC tip, wing box, winglet, and flap support fairing of Boeing 787 and Boeing 737 Max aircraft.
This marks the second project in the aerospace sector invested in the Da Nang High-Tech Park after the project run by UAC Vietnam Company Limited.
Attracting two foreign direct investment (FDI) projects in the aerospace industry from the United States and the Republic of Korea (RoK) contributes to the goal of turning Da Nang into a technology centre for the whole country by 2030 under the Politburo’s Resolution 43 issued back in 2019 on building and developing Da Nang city by 2030, with a vision towards 2045.
The investor commits that immediately after signing the land lease contract, they will urgently carry out construction procedures in accordance with the law and expect to start construction in early February, with every effort made enter official operations by the end of the year.
KP AERO INDUSTRIES CO., LTD is a partner of leading companies in the aviation field such as Boeing, Airbus and Korean Air. The implementation of Da Nang’s socio-economic development factory project will create the first foundation for the formation of an aviation and aerospace technology complex in the Da Nang High-Tech Park.
This will help to attract more companies and aviation groups around the world which are interested in researching and surveying the investment environment whilst also implementing projects in Da Nang Hi-Tech Park as a way of promoting technology transfer activities regarding the aviation sector in Da Nang High-Tech Park. This is along with raising the central city’s position in particular and Vietnam in general in terms of the world aviation industry.
Last year saw the Management Board of Da Nang Hi-Tech Park and Industrial Parks granted 19 new projects with a total investment capital of US$258.6 million.
As a result, the Da Nang High-Tech Park and industrial parks have managed to lure 526 projects with a total investment capital reaching US$3,413 million.
With regards to this year’s goal, Da Nang is striving to attract at least three investment projects into the Da Nang High-Tech Park with the total capitalized at around US$200 million.
The projects will focus on three main spearheads, including aerospace technology, semiconductor microchips, and the high-quality medical industry.
